EagleFX Review: Key Takeaways Of The Forex & Cryptocurrency Trading Broker

  • Forex and cryptocurrency both are decentralised and are volatile markets. Volatility is an attractive feature for traders because profit is often associated with the price movements of the commodities.
  • It allows traders to come with new and effective trading strategies. 
  • Although crypto trading markets are still in their initial stages no doubt they have been growing widely. Similarly, Forex trading has also been receiving great response from the investors.

Forex or Foreign exchange trading as the name suggests is a type of trading where users exchange currencies and negotiate over their price. As mentioned above forex trading is an extremely volatile market and several risks are associated with it. However, investors in search of bigger profits are always willing to take risks. EagleFX is a trusted and secured forex broker. Forex brokers are basically platforms that facilitate trades on the forex. However, users at EagleFX are not only allowed to trade forex but also major cryptocurrency pairs. The broker is still new as it was established in 2019 but it provides trading options on all major commodities, cryptocurrencies, and so on. 

Generous Leverage And Tight Spreads Compliant To Market

EagleFX is known for offering generous leverage. It provides leverage as high as 1:500. Leverage in simple words means the amount which you can get access to without really having to pay the total amount in one go. For instance, for trading on $1000 users can pay at least $2. The least of $2 is commonly referred to as the margin value. However, whatever is the profit or loss on the commodity is calculated on the total amount and not the margin value. 

Major Cryptocurrency Trading Options

The best thing about such brokers is that users are free to choose among the commodities. As mentioned above EagleFX also allows users to trade on crypto. Right now, it has 50+ tradings assets which includes 30+ cryptocurrencies and 20+ CFDs.When it comes to cryptocurrency alone users can choose among 32 different of them. Ranging from BTC and ETH which are apparently the most used digital currencies, there are BCHBTC, OMGUSD, LTCUSD, SANBIT, IOTABIT, NEOUSD and you can choose any cryptocurrency pairs and immediately start trading on them. 

Friendly Customer Care Services And No Withdrawal And Deposit Fees

The major crypto pairs offered by EagleFX BTC/USD, LTC/USD, DASH/USD, XRP/USD, ETH/USD. Further, the forex broker also provides the best and the most competitive spreads of all the cryptocurrency and CFD assets that are listed on its platform. The spreads are in strict compliance with the prevailing trading market to provide users with the best trading options. 

EagleFX has a very responsive customer care service that is available 24×7. They do not charge even a single dollar for withdrawal or deposits while using your Credit Card, Debit Card or Bitcoin. Users can withdraw within 30 minutes of the transactions. 

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